The national economy has register a rapid growth and its overall strength is getting more gimpressive.
In 2004, Xinjiang's GDP amounted to 220.015 billion yuan, up 11.1% from the previous per capita GDP was 11,199 yuan, which was increase of 9.5% compared with the previous year. The industry has constantly been undergoing restructure and optimization. GDP proportion wise, the share of the first, second and tertiary industry has accounted for 20.2%, 45.9% and 33.9% respectively.
The overall production capacity of agriculture has improved by a big margin and rural economy has witnessed a comprehensive development.
The following are the leading industries that have taken shape: cotton, grain, sugar beet, forest and fruit as well as animal husbandry. In 2004, the total value of agriculture, forestry, livestock farming and fishery reached RMB 75.068 billion, 6.4% up from the previous year, of which agriculture valued RMB 51.5 billion, an increase of 4.5%; forestry valued RMB 1.382 billion, an increase of 0.7%; livestock farming valued RMB 18.747 billion, an increase of 12.0%; and fishery valued RMB 0.43 billion, an increase of 8.2%. Grain output came to 8.2853 million tons, 3.4% up from 2003; cotton output totaled 1.7595 million tons, 9.5% up from the previous year, oilseed output reached 0.4454 million tons, 11.2% down from the previous year; beet output came to 3.4421 million tons, 9.8% down from 2003; vegetable output totaled 4.5084 million tons, 10.4% up from the previous year; and fruit output reached 9.1913 million tons, 20.8% up from 2003.By the end of 2004, the amount of livestock came to 52.0637 million, 3.6% up from the previous year. The added value of agriculture totaled 44.47 billion. Xinjiang has become both the largest base for producing commodity cotton, hops and tomato ketch-up and an important production bas for livestock, beet sugar and fruit. Industrial strength has seen a rapid growth and technological level a remarkable improvement.
Such leading industries as intensive processing of agricultural and sideline products have been set up, and there is basically a complete set of industries with such resource industries as petrol, petroleum chemical, iron and steel, coal, power, textiles, building materials, chemicals, pharmaceuticals, light industry and foodstuff as its main body, which has formed a modernized industrial system in scope. In 2004, the industrial output in the whole region increased by RMB 4.5 billion, 14.5% up from the previous year, of which the output of light industry increased by RMB 6.308 billion, 12.6% up from 2003, and that of heavy industry by RMB 55.377 billion, 14.7% up from the previous year. The investment of fixed assets reached RMB116 billion, 15.8% up from 2003. The retail volume of consumer goods in 2004 reached RMB 48.207 billion, 14.5% up from 2003. By bringing resource edge into play, a series of leading products and dominant industries with Xin-jjiang characteristics have been developed. The out-put of major industrial products has seen a remark-able growth and energy industry has become an essential pillar industry for Xinjiang's national economy. In 2004, the output of crude oil in the whole region reached 22.2771 million tons, 5.1% up from 2003; that of natural gas reached 5.713 billion cubic meters, an increase of 14.6% ; and coal output reached 22.1964 million tons, an increase of 15.0%.
|